Were You Affected by Life Insurance Cancellations in NJ During Covid? Contact us for a free case review.
Perhaps — it depends on your form of coverage. Simply put, there are limited conditions when you can get money back from a lapsed life insurance policy. Term Life Insurance If you have term life insurance, your options are limited. The policy will lapse, and future payments will not restart coverage. If you would like to … Read more
Losing a loved one is an emotionally challenging experience that can leave you feeling lost, especially when faced with the daunting task of managing their affairs. Among these tasks, figuring out how to claim life insurance after death is crucial, yet it can feel overwhelming. Where do you start? What documents do you need? How … Read more
The Grace Period for Life Insurance Policies Both policyholders and life insurance beneficiaries should know what the grace period is for making premium payments on a life insurance policy. Life insurance companies frequently make administrative mistakes and let policies lapse while still in the grace period. In these instances, coverage should remain in effect and … Read more
Usually, life insurance companies take 30-60 days to process a beneficiary’s claim for death benefits, but payouts get delayed often. This article explains the various circumstances under which life insurance may reasonably delay paying your claim. If none of these reasons apply to your claim, contact the experienced life insurance lawyers at Boonswang Law. We have helped … Read more
A life insurance policy can be a lifesaver for many people, and keeping them current so the life insurance company has to pay out upon death is important. But there are times when the life insurance company says the policy lapsed and so there’s no coverage. That can be a problem in two ways: (1) for the … Read more
Life Insurance Conversion Privilege What is life insurance conversion privilege, and how does it affect policyholders and their beneficiaries? Find out from the life insurance lawyers at Boonswang Law, who have gotten beneficiary clients paid in every state in the nation when life insurance companies delay or deny claims for death benefits. If the life insurance company … Read more
If your loved one’s life insurance claim was denied due to medical records, it might be because the insurer found an undisclosed condition. For example, if a previous surgery wasn’t mentioned, the company could use that omission to deny your claim. This article walks you through how life insurance companies access and review medical records … Read more
Has Your Life Insurance Policy Been Rescinded? Find out from the experienced life insurance lawyers at Boonswang Law how a life insurance policy gets rescinded, and what to do if you are a beneficiary of a rescinded life insurance policy. If your claim for death benefits was denied because the life insurance company rescinded the policy, do … Read more
What happens to life insurance when you leave a job? Does your employer end coverage when employment is terminated? Not necessarily and not without notice. Read on to find out what your rights and responsibilities are regarding employer life insurance after retirement, or when you are fired, quit, or leave employment due to disability. How … Read more
Life insurance provides financial security for policyholders and their families. However, maintaining these benefits requires timely payment of premiums. When payments are missed, the policy may lapse, leading to a loss of coverage. Understanding what causes a policy lapse and its repercussions is crucial to ensure continued protection. In this post, we’ll go over what … Read more
